China property stocks rally after major cities ease homebuying restrictions

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

News Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Shares of Chinese property developers rallied on Monday, fueled by easing homebuying measures, following authorities’ blitz of policy stimulus last week.

The Guangzhou city government said in a notice on Sunday that all restrictions on home purchases would be removed, effective from Monday.

Shares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank's blitz of policy stimulus.said in a notice on Sunday that all restrictions on home purchases would be removed, effective from Monday.

The view is shared by Gary Ng, APAC economist at Natixis, who suggests the effect more limited in smaller cities"given the elevated inventory level." They are more likely to lead to some"stabilization" rather than a turnaround, Ng said.last week. Authorities"must work to halt the real estate market decline and spur a stable recovery," according to a readout of the high-level meeting, chaired by Chinese President Xi Jinping.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 288. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asian stocks dip after US presidential debate; Chinese shares at 7-mth lowAsian stocks dip after US presidential debate; Chinese shares at 7-mth low
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Stock market today: Asian shares extend gains after China-driven rallyNEW YORK (AP) — Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.
Sumber: Mynorthwest - 🏆 438. / 53 Baca lebih lajut »

Stock market today: Asian shares extend gains after China-driven rallyShares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.
Sumber: wjxt4 - 🏆 246. / 63 Baca lebih lajut »

Stock market today: Asian shares extend gains after China-driven rallyShares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading.
Sumber: ksatnews - 🏆 442. / 53 Baca lebih lajut »